More than Thirty Years of Ultimatum Bargaining Experiments: Motives, Variations, and a Survey of the Recent Literature

By W. Gueth, Martin G. Kocher. Social Science Research Network, 2013

408 citations recorded by the source corpus.

Take-it or leave-it offers are probably as old as mankind. Our objective here is, first, to provide a, probably subjectively-colored, recollection of the initial ultimatum game experiment, its motivation and the immediate responses. Second, we discuss important extensions of the standard ultimatum bargaining game in a unified framework, and, third, we offer a survey of the experimental ultimatum bargaining literature containing papers published since the turn of the century. The paper argues that the ultimatum game is an extremely versatile tool for research in bargaining and on social preferences. Finally, we provide examples for open research questions and directions for future studies.

Subfields: Economics and Econometrics, Safety Research

View Paper: https://www.semanticscholar.org/paper/d4f540b00e155254ae9df869e4ad81dbc66a2967

How researchers see this paper

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In Economics and Econometrics

  1. C. Zoller
  2. Matthias Sutter
  3. Daniela Glätzle-Rützler

In Safety Research

  1. Daniela Glätzle-Rützler
  2. C. Zoller
  3. Matthias Sutter
  4. Martin G. Kocher
  5. Stefan T. Trautmann
  6. Roman M. Sheremeta

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